Job Status : Closed
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As an Accountant, you’ll be a key contributor to the financial success! Working closely with the Finance Manager, you’ll leverage your accounting expertise and financial software skills to meticulously handle the daily financial operations. This fast-paced role demands a proactive approach, where you’ll prioritize tasks effectively, optimize processes, and drive efficiencies.
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- Minimum bachelorβs degree in finance, Accounting, Economics or related field.
- Professional Accounting qualification (Chartered Accountant -MIA, CIMA, ACCA, CPA or similar.
- At least 4 years of experience in the UAE performing similar accounting tasks.
- Proven experience in audit, with a preference for those with Big 4 experience.
- Prior experience in the real estate industry is a plus.
- A strong track record of delivering monthly financial reports.
- Excellent communication skills with the ability to liaise effectively with various stakeholders.
- Personal integrity and strong work-ethic
- Excellent understanding of IFRS
- Experience in financial software applications i.e. QuickBooks, Odoo
- Advanced proficiency in Microsoft Excel
- Experience with financial audits would be an advantage
- Bank Reconciliations
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Financial Reporting and Accounting:
- Produce accurate and timely financial reports on a monthly, quarterly, and annual basis. This includes income statements, balance sheets, and cash flow statements.
- Adhere to International Financial Reporting Standards (IFRS) to ensure transparency and consistency in financial reporting.
- Maintain meticulous accounting records, including posting journal entries and reconciling accounts for accuracy and completeness.
- Perform regular bank reconciliations, petty cash reports, and prepare summaries of directors’ expenses.
- Organize and maintain financial records and documentation within designated filing systems for easy retrieval and audit purposes.
- Analyze financial data to gain insights and assist in the development of accurate and effective budgets.
Audit and Compliance:
- Handle Value Added Tax (VAT) compliance, including preparing and filing VAT returns.
- Assist with corporate tax preparation to ensure accurate and timely filing.
- Support both internal and external audits, providing necessary assistance and documentation.
- Prepare audit schedules and documents in a clear and organized manner to facilitate the external audit process.
- Maintain compliance with Economic Substance Reporting (ESR) regulations.
- Guarantee adherence to annual license renewals and filing requirements for all group entities.
Property Management Accounting:
- Manage real estate income, including monitoring and recording rental income from the portfolio.
- Oversee property expenses, ensuring timely payments for utility bills, service charges, and other related costs.
- Maintain a comprehensive real estate asset register for accurate tracking and recordkeeping.
- Reconcile rental remittances, promptly identifying and reporting any discrepancies to ensure proper collection.
- Prepare property performance reports, including individual profit and loss statements for each property.
- Monitor and manage installment payments associated with property acquisitions (if applicable).
Cash Management and Treasury:
- Manage vendor payments, ensuring timely settlements for utility bills, service charges, and other expenses.
- Maintain accurate accounts payable and receivable, guaranteeing on-time payments to vendors and collecting dues from clients.
- Reconcile bank statements to ensure financial accuracy and identify any discrepancies.
- Prepare monthly petty cash reports detailing inflows, outflows, and remaining cash balance.
- Develop cash flow forecasts to predict future cash needs and optimize financial planning.
General Administration:
- Ensure accurate and timely payroll processing.
- Reconcile and adjust monthly mobile phone statements for employees.
- Manage and respond to corporate email inquiries related to finance.
- Maintain and update financial records within designated shared drives.
- Communicate effectively with external vendors and partners on financial matters.